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The fusion of artificial intelligence and blockchain has created a fervent market segment in the crypto sphere, with AI and Big Data projects showcasing impressive growth.
In the last week, remarkable upticks have been observed in specific crypto AI tokens. AGI has led the charge with a 182% increase, followed closely by ALI, which climbed by 138%. Not to be outdone, AGIX also showed a formidable 122% rise. Such a rapid surge of AI tokens that has been seen around the market for a respectable amount of time will most likely lead to a surge of new AI-related assets.
Assets with smaller market capitalizations have not been left behind, experiencing substantial growth and reflecting the broad-based enthusiasm for AI within the crypto community. This widespread growth in digital assets dedicated to AI and Big Data initiatives could be a sign of the market responding to the integration of advanced technology with decentralized platforms.
Alex DovbnyaInterestingly, industry leader Nvidia, a company synonymous with AI advancements and critical to the technology's infrastructure, has posted a promising 9% increase in after-hours trading. This uptick in Nvidia’s stock is indicative of the overall momentum in the AI industry, which, in turn, has bolstered the value of related digital assets.
This collective surge is not isolated to a few tokens but is a trend that is reinforcing the entire AI digital asset class. Santiment's data suggests that a variety of assets have benefited from the market's growing interest in AI and Big Data. With the tech industry's pivot toward integrating AI in multiple facets, from cloud computing to entertainment, crypto tokens in this space are gaining unprecedented attention.
Dan Burgin
Alex Dovbnya